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Disney Channel Star Reaches Billionaire Status, and It’s Probably Not Who You Think

Miley Cyrus, Selena Gomez, Demi Lovato, and Olivia Rodrigo
Credit: Disney Dining

Many of us know that a number of notable celebrities got their big break on the Disney Channel, but it’s crazy to think of just how many there are. Of course, there are the obvious ones like Miley Cyrus, Demi Lovato, Selena Gomez, and Zac Efron. But iconic celebrities like Justin Timberlake, Britney Spears, Kristen Stewart, Zendaya, Jason Priestley, and so many more also started their careers with a pair of mouse ears.

Disney gave talented young actors and singers the chance to really make a name for themselves. And now one Disney Channel star can add a new title to her resume — billionaire.

zac efron and zendaya

Credit: Disney/21st Century Studios

Related: Disney Channel Star Reveals Devastating Miscarriage

Right off the bat, you might be thinking that the title was bestowed upon someone like Miley Cyrus or Zendaya. However, the status goes to none other than Wizards of Waverly Place star, Selena Gomez!

According to a report from Bloomberg, the starlet has worked incredibly hard to turn her fame into many successful businesses. And her net worth is approximately $1.3 billion, making her one of the country’s youngest self-made billionaires.

“The wealth analysis [of Selena Gomez] took into account the estimated value of her stake in Rare Beauty, her interest in Wondermind, the estimated value of her music album sales and properties, and earnings from streaming deals, brand partnerships, concert tickets and acting.”

only murders in the building season three hulu selena gomez steve martin martin short paull rudd meryl streep premiere august 8

Credit: Hulu

Related: Disney Greenlights New ‘Wizards of Waverly Place’ Series!

Rare Beauty is a cosmetics company founded by Ms. Gomez in 2020, and the report states that it accounts for a majority of her vast wealth. Gomez has always been outspoken about the importance of mental health, and her beauty brand not only creates high-quality cosmetics, but also promotes and donates to various mental health causes.

While Ms. Gomez began her career as an actress, it really took off when she was cast in the lead role of Alex Russo in the Disney Channel show Wizards of Waverly Place. Working for Disney allowed Gomez to launch a successful singing career.

And while she is now widely known for her role as Mabel in the hit Hulu show Only Murders in the Building, she is continuing to make music and earning a lot of money off of it.

Selena Gomez, Steve Martin, and Martin Short in Only Murders in the Building

Credit: Hulu

In addition to her starring role on Only Murders, Gomez will soon return to the Disney Channel in the role she became famous for. On October 29, the new Wizards of Waverly Place will premiere, with Ms. Gomez once again playing Alex Russo.

Only Murders in the Building is currently in its fourth season and has already been renewed for a fifth.

What’s your favorite Selena Gomez role? Do you love her makeup brand, Rare Beauty? Let us know in the comments!

About Krysten Swensen

A born and bred New England girl living the Disney life in Southern California. I love to read, to watch The Golden Girls, and love everything to do with Disney and Universal. I also love to share daily doses of Disney on my Disney Instagram @BrazzleDazzleDisney!

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